RBI's USD-INR swap mobilises $73 bn in 11 weeks
RBI's USD-INR swap mobilises $73 bn in 11 weeks. The central bank’s recent forex swap facility attracted $73 billion in less than 11 weeks, signaling strong market participation. This move has enhanced liquidity and stabilized the rupee amid global volatility. It reflects RBI’s growing influence in managing foreign exchange flows.
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